Railways Seek Foreign Investment for Projects
2004/03/15
Chinas state railway system is planning to pilot joint-stock
restructuring projects and invite domestic and foreign
investment.
Policy makers aim to use these measures to hasten State
railway system reforms, Liu Zhijun, minister of railways, told
Xinhua News Agency.
The size of the nation s railway network is expected to
increase to 100,000 kilometres by 2020 from 72,000 kilometres,
says Liu.